The Math Shows CNRG Can Go To $75
April 26, 2024 at 09:16 AM EDT
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itself. For the SPDR S&P Kensho Clean Power ETF (CNRG), we found that the implied analyst target price for the ETF based upon its underlying holdings is $74.55 per unit.